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Hagley Road, Birmingham, West Midlands, B16

PROPERTY TYPE

Flat

BEDROOMS

1

BATHROOMS

1

SIZE

656-721 sq ft

61-67 sq m

Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • Prime Location
  • High Rental Yields
  • 12 Units
  • One and Two Bedroom Apartments
  • Allocated Parking
  • Secure Income Stream
  • Attractive yield of 7.2%
  • Long-Term Capital Growth
  • Immediate returns and Long-Term Growth Potential
  • Close to Local Amenities

Description

Discover an exceptional investment opportunity in the heart of Birmingham's prestigious Edgbaston neighborhood with Metropolitan House.

Introducing Metropolitan House: A Prime Investment Opportunity on Hagley Road, Edgbaston, Birmingham.

Discover an exceptional investment opportunity in the heart of Birmingham's prestigious Edgbaston neighborhood with Metropolitan House.

Situated on the iconic Hagley Road, this portfolio of 12 units presents a rare chance to acquire a diverse range of tenanted properties, offering both immediate rental income and long-term growth potential.

Key Highlights:

Location: Nestled along Hagley Road in Edgbaston, Metropolitan House enjoys prime positioning within one of Birmingham's most sought-after residential areas. With convenient access to an array of amenities, transport links, and leisure facilities, it promises an enviable lifestyle for tenants.

Unit Mix: This portfolio comprises a mix of meticulously maintained 1-bedroom and 2-bedroom apartments, catering to a wide range of tenants and lifestyles. Whether professionals, students, or small families, these units offer versatile living spaces designed for modern urban living.

Investment Potential: Priced competitively at £1,860,000, the portfolio offers an attractive yield of 7.2%, reflecting its strong income-generating capabilities. With existing tenancy agreements in place, investors can benefit from immediate rental returns while capitalizing on the promising growth prospects of the Edgbaston property market.

Flexibility: Recognizing the diverse needs of investors, Metropolitan House presents the flexibility to be acquired as a complete portfolio of 12 units or alternatively split into smaller sets, providing a tailored investment solution to suit individual preferences and strategies.
Why Invest in Metropolitan House?

Prime Location: Hagley Road in Edgbaston is renowned for its upscale residential appeal and strategic location within Birmingham, ensuring sustained demand from tenants and strong capital appreciation potential.

Secure Income Stream: With all units currently tenanted, investors can enjoy a steady and reliable income stream from day one, minimizing vacancy risks and maximizing returns on investment.

Growth Potential: Birmingham continues to attract significant investment and development, with Edgbaston poised for further regeneration and infrastructure enhancements, making Metropolitan House a promising proposition for long-term capital growth.

Diverse Portfolio: The diverse mix of unit sizes and configurations ensures broad tenant appeal, reducing reliance on a single demographic and enhancing occupancy rates and rental yields.

In summary, Metropolitan House presents a compelling opportunity for investors seeking a prime, income-generating asset in Birmingham's flourishing property market. Whether as a standalone investment or as part of a diversified portfolio, this offering on Hagley Road promises both immediate returns and long-term growth potential. Don't miss out on this fantastic opportunity to secure your stake in one of Birmingham's most prestigious addresses.

Council Tax Band: Can be supplied
Tenure: Leasehold
Service Charge: Service charge schedule can be provided seperately
Ground Rent: £300 per annum
Ground Rent Review Period: TBC
Ground Rent Review Amount: TBC
Next Ground Rent Review: TBC
Parking Arrangements: Allocated parking space
Property Construction: TBC
Electricity Supply: Mains supply
Water Supply: Mains supply
Sewerage: Mains supply
Heating Supply: Electric
Broadband: Refer to Ofcom
Mobile Signal Coverage: No known issues Building Safety Issues: None
Restrictions: None
Rights And Easements: None
Flood Risks Or Previous Flooding: No
Past Or Present Planning Permissions Or Applications: Can be found via the planning portal.
Is the property located in a Coalfield Or Mining Area: No

AGENTS NOTE: We have not tested any of the electrical, central heating or sanitaryware appliances. Purchasers should make their own investigations as to the workings of the relevant items. Floor plans are for identification purposes only and not to scale. All room measurements and mileages quoted in these sales particulars are approximate. In line with The Money Laundering Regulations 2007 we are duty bound to carry out due diligence on all our clients to confirm their identity. Rather than traditional methods in which you would have to produce multiple utility bills and a photographic ID we use an electronic verification system. This system allows us to verify you from basic details using electronic data, however it is not a credit check of any kind so will have no effect on you or your credit history.

FIXTURES AND FITTINGS: All those items mentioned in these particulars by way of fixtures and fittings are deemed to be included in the sale price. Others, if any, are excluded.

Brochures

Particulars

Tenure: Leasehold You buy the right to live in a property for a fixed number of years, but the freeholder owns the land the property's built on.Read more about tenure type in our glossary page.

GROUND RENTA regular payment made by the leaseholder to the freeholder, or management company.Read more about ground rent in our glossary page.

£0 per year

ANNUAL SERVICE CHARGEA regular payment for things like building insurance, lighting, cleaning and maintenance for shared areas of an estate. They're often paid once a year, or annually.Read more about annual service charge in our glossary page.

£0

LENGTH OF LEASEHow long you've bought the leasehold, or right to live in a property for.Read more about length of lease in our glossary page.

Ask agent

Energy performance certificate - ask agent

Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

Band: TBC

Hagley Road, Birmingham, West Midlands, B16

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Five Ways Station0.4 miles
  • Birmingham New Street Station0.9 miles
  • Birmingham Snow Hill Station1.1 miles
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About the agent

John Shepherd, West Midlands - Land and New Homes

6-8 Drury Lane Solihull B91 3BD

John Shepherd, West Midlands - Land and New Homes

At John Shepherd, we believe in moving you forward. Since 1991, we've been building long-term vision and weaving a twist of technology into every John Shepherd experience. It’s the key to our success in the West Midlands, Warwickshire, Worcestershire and Staffordshire, where our experienced sales

team live and work. This adds value to the full range of property services you’d expect from the area’s leading estate agent.

Our prowess is flexed to suit buyers, sellers, tenants and la

More properties from this agent

Industry affiliations

National Association of Estate AgentsOmbudsman for REsale Estate Agents (no OFT logo)Association of Residential Letting Agents

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Disclaimer - Property reference JSN240015. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by John Shepherd, West Midlands - Land and New Homes. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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